Cloud growth fuels IBM profit beat
International Business Machines Corp beat analysts’ estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud business....
Facebook’s Libra gets a global slamming
G7 finance ministers and the U.S. House Financial Services Committee on Wednesday all added to the chorus of concerned voices about Facebook’s new cyrptocurrency....
Facebook Libra gets a global slamming
G7 finance ministers and the U.S. House Financial Services Committee on Wednesday all added to the chorus of concerned voices about Facebook’s new cyrptocurrency....
Cloud growth fuels IBM profit beat, shares rise
International Business Machines Corp beat analysts’ estimates for second-quarter profit on Wednesday, propped up by recurring growth in its high-margin cloud computing business, sending its...
Global drone market estimated to reach $14 billion over next decade: study
The worldwide non-military drone market, dominated by manufacturers in China, will triple in size to $14.3 billion in sales over the next decade, a study...
IBM revenue falls as weak legacy businesses offset cloud growth
International Business Machines Corp posted a 4.2% fall in quarterly revenue, in line with analysts’ estimates, as weakness in its legacy businesses of selling hardware...
Smaller cryptocurrencies feel pain as criticism of Facebook’s Libra grows
Bitcoin hasn’t been the only casualty of the backlash by the world’s major economic powers against Facebook’s plans for a cryptocurrency, with smaller digital coins...
Consensus among G7 ministers to tackle Facebook’s Libra: French chair
G7 ministers meeting in France on Wednesday agreed on the need to confront the emergence of digital currencies following Facebook’s plans to launch its Libra...
G7 finance chiefs pour cold water on Facebook’s digital coin plans
Group of Seven finance chiefs cast a cloud over prospects for Facebook’s Libra digital coin on Wednesday, insisting tough regulatory problems would have to be...
IMF says regulators must address possible risks from Facebook’s Libra
Facebook Inc’s planned cryptocurrency, Libra, could help boost financial inclusion, but also raises concerns about consumer protection, data privacy, and potential “backdoor dollarization,” the IMF’s...